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VeriFone Announces Executive Appointments

SAN JOSE, Calif.–(BUSINESS WIRE)– VeriFone Systems, Inc. (NYS: PAY) , announced the appointment of Jennifer Miles to president, VeriFone Americas; Bulent Ozayaz to president, VeriFone Southern Europe, Russia, Middle East and Northern Africa; Johan Tjärnberg to president, VeriFone Europe and Southern Africa; and Eliezer Yanay to chief operations officer, effective today.

“VeriFone is committed to build on our customer focus and operational excellence,” said Richard McGinn, interim CEO of VeriFone. “VeriFone’s board of directors and I are proud to provide each of these proven executives with expanded responsibilities.”

Miles, 41, joined VeriFone in 2001 and led the significant growth of the company’s North American business, including Retail, Global Security and Vertical Solutions, over the past 10 years. She will now lead VeriFone’s business in North America, Latin America and the Caribbean.

Ozayaz, 39, joined VeriFone in 2006 and has served as general manager of the company’s North American Wireless Solutions and VeriFone Media businesses. He currently manages VeriFone’s operations in Southern Europe, Russia and Turkey and will now oversee an expanded sales territory that includes the Middle East and Northern Africa.

Tjärnberg, 37, joined VeriFone in 2012 through the acquisition of Point International and has served as Point’s CEO since 2010. In his seven years with Point, its payments-as-a-service offering saw significant growth and expansion into multiple European jurisdictions. Tjärnberg will lead VeriFone’s business in Europe — a consolidation of the Northern, Western and Central Europe regions — and Southern Africa.

Yanay, 52, joined VeriFone in 2006 and has led the company’s global R&D, supply chain and product management initiatives since 2011. In his previous role at VeriFone, Yanay was responsible for all operations and manufacturing in Israel, as well as business development, sales and marketing in Continental Europe, Southeastern Europe and Asia. As chief operations officer, he will now oversee the localization of the company’s global product portfolio, including responsibility for ensuring local-level customizations and certifications of the company’s global product lines. Yanay will also drive the centralization of local procurement to leverage the benefit of the company’s global purchasing scale.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.

This press release includes certain forward-looking statements related to VeriFone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on VeriFone management’s current expectations or …read more
Source: FULL ARTICLE at DailyFinance

By Catherine Herridge

A recent shipment of weapons intercepted in Yemen, including surface-to-air missiles, shows Iran‘s determination to further destabilize the region, according to the head of the House Intelligence Committee.

“This new chapter is, with the chaos that you see in Northern Africa, with what you see happening in Yemen, is to escalate arms flow,” Republican Rep. Mike Rogers told Fox News. “Why? They’re feeling the pressure of sanctions, they’re feeling the pressure of international isolation because of their pursuit of nuclear weapons.”

Video of the weapons shipment, posted to YouTube this week by the Yemen Embassy in Washington, D.C., for the first time revealed the scope and sophistication of the weapons intercepted in late January. A Yemeni military source tells Fox News the shipment included circuits, wires and nearly 200 explosive packages for improvised explosive devices, remote detonators, military binocular and what were described as Iranian man-portable, infrared-guided surface-to-air missiles. Known as “Manpads,” the missiles can bring down civilian aircraft.

The weapons — bound for a Shia insurgent group that has called for an end to the small U.S. military presence in Yemen — were hidden inside a metal tank on a fishing vessel that was intercepted as part of a joint U.S.-Yemen operation.

At a Jan. 29 briefing, Defense Department spokesman George Little described the operation:”The dhow was observed operating erratically and low in the water and ventured into Yemeni waters, so a routine boarding was conducted. Arms were discovered, and we had crew statements that indicate that the point of origin was Iran.”

Beyond Yemen, a new British report by investigators with Conflict Armament Research concludes Iran has been expanding its footprint in Africa by secretly supplying unmarked ammunition to fuel regional conflicts.

The report, called “The Distribution of Iranian Ammunition in Africa,” describes Iran‘s role in the Sudan as “sustained and potentially escalating” with large-scale shipments — as well as technical help to produce weapons.

Separately, Fox News is told that a suspected Israeli air strike on a Sudanese warehouse in October was linked to Iran‘s weapons smuggling operations. The explosion destroyed some 40 percent of the Yarmouk munitions plant near the capital Khartoum. At the time, Israel did not confirm nor deny a bombing.

While Tehran denies involvement, there is now strong evidence, presented publicly this week, that a July bus bombing in Bulgaria that killed five Israeli tourists was the work of Hezbollah — one of Iran‘s proxies. Both Rep. Rogers and outside analysts believe the smuggling of weapons and the uptick in plots linked to Hezbollah also reflect the fact that Iran‘s longtime partner Syria is under pressure, and the regime may ultimately fall, depriving the Iranians of a key ally.

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VeriFone Announces Executive Appointments

Weapons seizure in Yemen shines light on Iran's attempts to destabilize region

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